ENTSOG TYNDP 2015

Asia Pacific

The Asia Pacific gas market has been traditionally strongly dominated by Japan followed by South Korea, with minor consumptions in Taiwan. Despite the significant increase (14% in 2011 and 11% in 2012) in Japanese LNG imports following the nuclear accident in Fukushima, the weight of the country in the region was reduced down to 50%. This was the result of the maturity of Japanese demand along with the sustained growth in the South Korean and Taiwanese consumption (8% yearly growth on average) and the expansion of new markets particularly China and India.

bcma

250

225

200

175

150

125

100

75

50

25

0

2001 2002 2003 2004 2005 2006 2007 2008 2009

2010

2011

2012 2013

China Japan

South Korea

Taiwan

India

Thailand

Other Asia Pacific

Figure 5.62: Evolution of LNG imports in Asia Pacific. Breakdown by geographical area 2001 – 2013 (Source BP Statistical Review)

Image courtesy of DESFA

Ten Year Network Development Plan 2015 |

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